Here’s How Optima Secure Health Insurance Plan Offers 4X Cover with No Additional Cost

Posted on: Sep 27, 2021 | | Written by: None

Here’s How Optima Secure Health Insurance Plan Offers 4X Cover with No Additional Cost

Optima Secure Health Insurance - Health insurance

During difficult and uncertain times like the coronavirus pandemic, one of the things which you can trust on and is certain to protect you and your family is the right health insurance policy. Along with already existing diseases and the possibility of other health risks, a family health insurance policy with suitable coverage has become extremely necessary.

HDFC ERGO my:Optima Secure policy has already generated curiosity and it seems that it is on its way to become one of the best health insurance policies for your family. HDFC ERGO has always been one of the pioneers of innovative health indemnity products. Supported by a strong and durable financial and technological platform, launched the my: Optima Secure policy to provide multiple benefits to the customers, including discounts for existing HDFC ERGO policyholders. Among the wide-ranging benefits, one of the key highlights of HDFC ERGO Optima Secure Plan is the 4X coverage feature. We will explain this particular feature in this blog.

What is 4X cover in HDFC ERGO Optima Secure Health Insurance plan

1X – Select your health insurance cover: As per your budget and requirements, you select a particular coverage you want.
2X – Secure Benefit: Instantly, your base cover gets doubled upon purchase, without having the need to claim it. This benefit will instantly increase your base, say Rs X, to Rs 2X, at no extra cost.
3X – Plus Benefit: On 1st renewal, your base cover increases by 50% after 1 year and 100% after 2 years. So, your total cover now becomes 3X of your base cover after 2 years.
4X –Restore Benefit: Anytime you make a claim whether partial or complete, your base cover gets 100% restored for any subsequent claims in the same year^. Hence, you now have 4X of your base cover.

To explain it further, let us take the example of Mr Sharma. The Sharmas are a family of four –Mr and Mrs Sharma and their two daughters. Mr Sharma thought that HDFC ERGO my:Optima Secure policy is the best insurance plan for his family. So, he decides to insure a sum of ₹10 lacs. Hence, this is how Mr Sharma will get 4X coverage on his plan:

Now, Mr Sharma’s sum insured will instantly get doubled and he will get a total health cover of ₹20 lacs, without any additional cost. This additional amount can be utilised for any number of admissible claims.
When Mr Sharma renews his Optima Secure Health Insurance Plan for the first year, Plus Benefit increases his base cover of ₹10 lacs by 50% and in the second year by 100%, making it ₹15 lacs and ₹20 lacs respectively. Plus benefit and secure benefit together takes the total coverage to ₹30 lacs.
For some reason, suppose, Mr Sharma claims partial or total ₹10 lacs base cover, it gets 100% restored, making it ₹30 + ₹10= ₹40 lacs. So, he will get additional ₹10 lacs as a restore benefit ^to settle claims.

And, in this way, Mr Sharma ensures that his family gets 4X coverage on their health insurance plan.

Benefits:

Here are some of the key benefits of HDFC ERGO Optima Secure plan

With Protect Benefit, listed non-medical expenses like gloves, masks,nebulizer kitsetc are covered.
Aggregate deductible is the amount that you agree to pay before making a claim in a policy year. By opting for a Aggregate deductible inthe policy, one can get discounts up to 50% every year by choosing to pay an initial deductible amount for claims made in any policy year
There are multiple options available to get discounts on premium – family discount when you opt for individual sum insured option, online discount, loyalty and long-term discount.
You can choosebetween wide range of base cover from ₹5 lacs to 2 crores.

How to buy the Optima Secure Health Insurance Policy?

Buying this policy is extremely convenient and can be done at the comfort of your home with just a few clicks. You can start by visiting this link.

Conclusion

The Optima Secure Health Insurance plan offers much more benefits than most products available in the market. As we have explained in the aforementioned sections, the coverage is extremely wide-ranging and offers some benefits which are not available in other insurance policies. It also provides the facility of E-Opinion for 50+ critical illnesses Apart from this, you also get a wide empanelled network of nearly13,000 hospitals offering cashless treatments All these features put together, is what an ideal family health insurance plan should be like.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

.*4X coverage means base Sum Insured + Plus Benefit (after 2 Policy Years) + Secure Benefit + Automatic Restore Benefit. 2X doubles your coverage from day 1. Under Plus Benefit, irrespective of claims means Sum Insured gets increased by 50% of base Sum Insured per year maximum up to 100%. ^A single claim in a Policy Year cannot exceed the sum of Base Sum Insured, Plus Benefit (if applicable) and Secure Benefit. Please refer the list of Non Medical Expenses specified in the policy wording. Home health care available only on cashless basis in select cities only. Daily cash in case of hospitalization for more than 48 hours in a Network Hospital's shared accommodation. Preventive health check-ups at each renewal of the Policy. E-opinion available through the Network Provider only. For add-on covers, additional premium will be charged. 25% premium discount is applicable for Sum Insured up to INR 20 lakhs. Up to 50% discount available by choosing option of Aggregate deductible of Rs. 1 lac up to basic Sum Insured of equal to or less than 20 lacs. Available in select cities only in India.No room rent capping as eligibility is Single AC Private Room for SI less than 50 lacs and actual for SI 50 lacs and above.HDFC ERGO General Insurance Company Limited. Registered & Corporate Office: 1st Floor, HDFC House, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai – 400 020. Trade Logo displayed above belongs to HDFC LTD and ERGO International AG and used by HDFC ERGO General Insurance Company Limited under license. For more details on the risk factors, terms and conditions, please read the sales brochure/prospectus before concluding the sale. UIN: my: Optima Secure - HDFHLIP21016V012122 IRDAI Reg. No.146 CIN: U66030MH2007PLC177117. UID No.D2-101

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